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Businesswire - Latest News [Page 65]

Export-oriented manufacturing leads NZ recovery

Thursday, 15 July 2010, 12:41 pm | Businesswire

July 15 (BusinessDesk) – New Zealand manufacturers, especially the export-oriented sector, are leading the country’s economic recovery, according to the latest data, and look set to outperform the wider economy for the remainder of 2010. More >>

Manufacturing growth and optimism leading recovery

Thursday, 15 July 2010, 11:53 am | Businesswire

July 15 (BusinessDesk) – Manufacturing activity expanded in June, and optimism in the sector indicates that continuing growth can be expected as the New Zealand economy rebalances towards production and saving. More >>

ISI’s Arkinstall resigns over Dominion Finance

Thursday, 15 July 2010, 11:16 am | Businesswire

July 15 (BusinessDesk) – Vance Arkinstall, the long-standing spokesman for the Investment Savings and Insurance Association, has resigned after he and the other directors of failed financier Dominion Finance were accused of misleading investors. More >>

Allied Farmers confirms sale of Five Mile

Thursday, 15 July 2010, 10:44 am | Businesswire

July 15 (BusinessDesk) - Allied Farmers Ltd. confirmed the unconditional sale of the second stage of Queenstown’s undeveloped Five Mile block which the company has previously indicated would sell for more than its $23.2 million valuation. More >>

Nufarm slashes guidance, shares set to tumble

Thursday, 15 July 2010, 10:30 am | Businesswire

July 15 (BusinessDesk) - Nufarm Ltd., the agricultural chemicals maker part-owned by Japan’s Sumitomo Chemical, may tumble when its shares trade today on the ASX after slashing its full-year guidance on weaker sales in North America, Europe and ... More >>

Stocks to watch: AIA, FBU, NZE, NZO, PGW

Thursday, 15 July 2010, 9:42 am | Businesswire

July 15 (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading in the last session. All prices are in New Zealand dollars unless specified. More >>

NZ dollar’s rally to 2-month high may falter

Thursday, 15 July 2010, 9:35 am | Businesswire

July 15 (BusinessDesk) – The New Zealand dollar’s rally to a two-month high against the greenback may falter after the Federal Reserve gave a downbeat picture of the U.S. economy, stoking concern the global recovery is running out of steam. More >>

While you were sleeping: Fed's reality check

Thursday, 15 July 2010, 6:56 am | Businesswire

July 15 (BusinessDesk) - U.S. equities fell, after six straight sessions of gains, as the Federal Reserve’s comments about the “softened” economic outlook outweighed Intel Corp’s record profit. More >>

NZ's Mutual Finance placed in receivership

Wednesday, 14 July 2010, 8:11 pm | Businesswire

July 14 (BusinessDesk) – Mutual Finance has become the latest firm to fall into receivership, with $8 million of deposits covered by the retail deposit guarantee scheme. More >>

NZ's Mutual Finance placed in receivership

Wednesday, 14 July 2010, 8:11 pm | Businesswire

July 14 (BusinessDesk) – Mutual Finance has become the latest firm to fall into receivership, with $8 million of deposits covered by the retail deposit guarantee scheme. More >>

MARKET CLOSE: NZ stocks rise; NZOG leads gains

Wednesday, 14 July 2010, 5:55 pm | Businesswire

July 14 (Business Desk) – New Zealand stocks rose for their eighth session out of nine, buoyed by global optimism as Intel Corp. reported better-than-expected earnings estimates, stoking hopes for a positive corporate reporting season in the U.S. New ... More >>

Control of Rainbow’s End up for grabs

Wednesday, 14 July 2010, 5:01 pm | Businesswire

July 14 (BusinessDesk) – Almost three-quarters of New Zealand Experience Ltd., which operates the Rainbow’s End theme park in Manukau, is being put up for sale. More >>

$650 million-plus boost to Kupe reserves

Wednesday, 14 July 2010, 4:56 pm | Businesswire

July 14 (BusinessDesk) - The Kupe oil gas field holds substantially more light crude oil than previously estimated, as well as additional gas and LPG which will boost its value by more than $650 million at today's prices, 15% owner New Zealand Oil ... More >>

Nufarm appoints new chair, enters trading halt

Wednesday, 14 July 2010, 1:51 pm | Businesswire

July 14 (BusinessDesk) – Nufarm Ltd., the Australian agricultural chemicals manufacturer, has appointed Donald McGauchie as chairman and called a halt to trading in its securities pending a material announcement. More >>

DNZ Property sets August 16 date for NZX listing

Wednesday, 14 July 2010, 12:33 pm | Businesswire

July 14 (BusinessDesk) - DNZ Property Fund shares will start trading on the NZX on August 16 once it has completed its plan to raise up to $45 million in equity capital. More >>

NZ retail sales rise 0.4%, lagging consensus

Wednesday, 14 July 2010, 11:50 am | Businesswire

July 14 (BusinessDesk) – New Zealand retail sales rose less than expected in May, underlining the tepid recovery in consumer spending that has marked the economy’s revival from the deepest recession in 18 years. More >>

SMELLIE SNIFFS THE BREEZE: Fruits of Pohokura

Wednesday, 14 July 2010, 11:35 am | Businesswire

SMELLIE SNIFFS THE BREEZE: Fruits of Pohokura by Pattrick Smellie July 14 (BusinessDesk) - As soured corporate relationships go, it would be hard to go past the 55 year-old partnership between New Zealand-owned oil company Todd Energy and its multi-national ... More >>